W-a-a-a-a-y back on Dec. 20 -- when GCI stock closed at at a nose-bleeding high of $7.71 a share -- I asked Gannett Foundation Executive Director Tara Connell where the heck $40,000 in money set aside for charity went. No, not that $40K that wound up at a North Carolina university near Gannett CEO Craig Dubow's lovely country home in the Trillium golf course community.
Another $40K that, public documents show, Dubow steered toward his alma mater, the University of Texas at Austin. Needless to say, Connell still hasn't responded to my e-mail. And Dubow cut off any of my further questions at the annual shareholder's meeting in April ("this will be the last question,'' he said), after he finally conceded that he arranged for the first $40K to be deposited in the Craig A. and Denise W. Dubow Endowed Scholarship Fund, at Western Carolina University.Now, six months later, as many laid-off employees' children risk pulling out of college for good, I still wonder whether the UT money went to that school's Craig A. and Denise W. Dubow Endowed Presidential Scholarship Fund. (Note: Emphasis added. I love the Dubows' trading up to a presidential scholarship fund in status-conscious Austin. I guess the plain-jane name they got in North Carolina isn't working its magic around Cashiers.)
Earlier: Gannett Foundation gives a total $42,250 per year in college scholarships to employees' children
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Gannett Co., Inc. (NYSE: GCI) today named Robin Pence vice president of Corporate Communications responsible for media and public relations, employee communications and the company’s Internet and Intranet sites. Pence replaces Tara Connell, who was earlier named vice president of ContentOne, a company-wide initiative to enhance and improve the way Gannett gathers and delivers the news and information customers want.
ReplyDeleteGracia C. Martore, executive vice president and chief financial officer of Gannett, said, "Robin’s deep experience in communications in the private and public sectors makes her the consummate communications professional. I am confident that Robin and her staff will do a terrific job in communicating Gannett’s story to our employees and to the world outside the company."
Pence has been in the communications profession for more than 20 years. Most recently, she led international communications for the global power company, AES. Pence’s past experience includes senior communications positions at Sprint and the Federal Communications Commission and, earlier in her career, she served as a Congressional press secretary.
Gannett Co., Inc. is an international news and information company operating on multiple platforms including the Internet, mobile, newspapers, magazines and TV stations. Gannett is an Internet leader with hundreds of newspaper and TV Web sites; CareerBuilder.com, the nation’s top employment site; USATODAY.com; and more than 80 local MomsLikeMe.com sites. Gannett publishes 84 daily U.S. newspapers, including USA TODAY, the nation’s largest-selling daily newspaper, and more than 700 magazines and other non-dailies including USA WEEKEND. Gannett also operates 23 television stations in 19 U.S. markets. Gannett subsidiary Newsquest is the United Kingdom’s second largest regional newspaper company with 17 daily paid-for titles, more than 200 weekly newspapers, magazines and trade publications, and a network of Web sites.
Dude, of all the things to fixate on, $40K is small potatoes.
ReplyDeleteYour lack of perspective in the face of 1,400 layoffs is astounding.